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Collette Company's forecast for the value of the Russian ruble for the next year is shown below.The Russian interest rate is 15%.Calculate the expected cost

Collette Company's forecast for the value of the Russian ruble for the next year is shown below.The Russian interest rate is 15%.Calculate the expected cost (as a percentage) of financing a 1-year loan in rubles.

Percentage change 1% 2% 3%

Probability of Occurrence 25% 30% 45%

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